{"id":22027,"date":"2026-06-01T19:36:35","date_gmt":"2026-06-01T19:36:35","guid":{"rendered":"https:\/\/www.monmouth.edu\/career-development\/job\/us-analyst-letter-of-credit\/"},"modified":"2026-06-30T08:20:03","modified_gmt":"2026-06-30T12:20:03","slug":"us-analyst-letter-of-credit","status":"publish","type":"ch_job","link":"https:\/\/www.monmouth.edu\/career-development\/job\/us-analyst-letter-of-credit\/","title":{"rendered":"US Analyst &#8211; Letter of Credit"},"content":{"rendered":"<p><strong>LETTER OF CREDIT ANALYST<\/strong><br \/>\u00a0<\/p>\n<p><strong>Location: <\/strong>Metro Park, New Jersey\u00a0<br \/><strong>Department:<\/strong>\u00a0International Trade &amp; Transaction Banking |\u00a0<strong>Reports to:<\/strong>\u00a0Head of Letter of Credit Operations<\/p>\n<p>\u00a0<\/p>\n<p><strong>US ANALYST PROGRAM<\/strong><\/p>\n<p>The US Analyst program offers an opportunity for recent college graduates interested in finance and corporate\/investment banking to actively participate in this fast-paced and challenging industry. The standard analyst program is two years, with analysts hired on an initial one-year contract. The goal of the analyst program is to develop top candidates into Full-Time Associate positions at the end of the two year period. We provide our analysts with the tools necessary for professional growth and career advancement.<\/p>\n<p>\u00a0<\/p>\n<p><strong>ROLE SUMMARY<\/strong><\/p>\n<p>Process and maintain the Bank&#8217;s letters of credit portfolio, including issuance, confirmation, and advising of Standby\/Guarantees and Import\/Export letters of credit. Ensure compliance with client instructions, UCP 600\/ISP98, and Bank policies while supporting clients and internal teams on technical aspects of trade finance.<\/p>\n<p>\u00a0<\/p>\n<p><strong>KEY RESPONSIBILITIES<\/strong><\/p>\n<ul>\n<li>Process letter of credit transactions in conformity with client instructions, UCP 600\/ISP98, and Bank credit\/compliance procedures<\/li>\n<li>Review draft letters of credit and coordinate resolution of issues with clients<\/li>\n<li>Prepare and execute letter of credit documents using LCMS, Microsoft Word, and ACBS<\/li>\n<li>Record standby\/commercial letter of credit activity in ACBS, LCMS, and SWIFT Alliance<\/li>\n<li>Monitor daily maturity reports and ensure timely action on maturing transactions<\/li>\n<li>Track pending inquiries, discrepancies, and document resolution; follow up until payment is secured<\/li>\n<li>Process SWIFT messages for LC transactions and ensure documentation compliance<\/li>\n<li>Coordinate clearing and reconciliation of open cash items and daily exceptions with CBO Control Unit<\/li>\n<li>Ensure timely disbursement of funds for LC drawings and accurate recording in ACBS<\/li>\n<li>Review past due fee reports for accuracy and timely management reporting<\/li>\n<li>Escalate compliance matters to Management and Compliance as needed<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p><strong>KEY CONTACTS<\/strong><\/p>\n<p><strong>Internal:<\/strong>\u00a0Control &amp; Reconciliation, IT Support, ITB Front\/Middle Offices, Compliance, Finance<\/p>\n<p><strong>External:<\/strong>\u00a0Clients<\/p>\n<p>\u00a0<\/p>\n<p><strong>REQUIREMENTS<\/strong><\/p>\n<p><strong>Essential:<\/strong><\/p>\n<ul>\n<li>Bachelor&#8217;s degree (recent graduate)<\/li>\n<li>Strong knowledge of Microsoft applications<\/li>\n<li>Detail-oriented with strong organizational skills<\/li>\n<li>Ability to manage multiple priorities in a fast-paced environment<\/li>\n<li>Must be eligible to work in the US without visa sponsorship now or in the future<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p><strong>Desirable:<\/strong><\/p>\n<ul>\n<li>Familiarity with trade finance or international banking<\/li>\n<li>Exposure to banking systems or financial software<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_ch_employer_id":"22024","_ch_external_id":"11092357","_ch_location_state":"","_ch_location_city":"","_ch_is_ocr_job":"","_ch_expiration_date":"2026-07-02","_ch_apply_link":"https:\/\/monmouth.joinhandshake.com\/jobs\/11092357\/share_preview"},"ch_stakeholder":[],"ch_class_year":[],"ch_job_category":[86],"ch_career_skill":[],"ch_industry":[52],"class_list":["post-22027","ch_job","type-ch_job","status-publish","hentry","ch_job_category-full-time","ch_industry-business-finance-real-estate"],"_links":{"self":[{"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_job\/22027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_job"}],"about":[{"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/types\/ch_job"}],"wp:attachment":[{"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/media?parent=22027"}],"wp:term":[{"taxonomy":"ch_stakeholder","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_stakeholder?post=22027"},{"taxonomy":"ch_class_year","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_class_year?post=22027"},{"taxonomy":"ch_job_category","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_job_category?post=22027"},{"taxonomy":"ch_career_skill","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_career_skill?post=22027"},{"taxonomy":"ch_industry","embeddable":true,"href":"https:\/\/www.monmouth.edu\/career-development\/wp-json\/wp\/v2\/ch_industry?post=22027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}